Why state licensing for property management companies is good for you!
In formal classes the HOA industry money makers (property management companies and attorneys) seem to smirk/smile when they say “but ultimately the Board is responsible for everything.” Note, the HOA attorney is in a lobby group with the property management companies which then work to keep themselves self-governed and unaccountable. This is not in the best interest for you or your fellow homeowners. It’s an obvious conflict-of-interest.
You are relying on self-proclaimed ‘professionals’ who are unlicensed and unregulated property managers. When they give their so-called ‘expert advice,’ should they not be required to follow the laws, and be held accountable for their actions?
Why should you allow management companies to demand indemnification clauses? HOA homeowners should NOT have to pay to defend management companies for their own negligence.